Selling Visa out of Dividend Portfolio to make room for new dividend strategy and picks
Way back in November 2019–if you remember a period when projected earnings growth was strong and before the coronavirus recession–I argued for a dividend strategy that focused on companies with fast growing and solidly predictable earnings that were, in my...
Disney misses Wall Street projections on earnings; signals worse to come
How did Wall Street analysts get Disney (DIS) earnings today so wrong? Analysts had been projecting earnings of 86 cents a share. The company reported earnings of just 60 cents for the company’s second quarter. The bigger-than-Disney takeaway here is...
Adding Coke to my Dividend Portfolio
Today’s shocking announcement from Royal Dutch Shell (RDS-A) that it would cut its 10% dividend, to 16 cents a share is a brutal reminder of one of the big challenges facing dividend investors. Royal Dutch shares were down 12.02% as of 3 p.m. Nw York time today,...
Selling ONEOK out of my Dividend Portfolio ahead of earnings and after ex-dividend date
The greatest danger of any dividend position right now is from a cut to the dividend payout. That kind of cut would send even an already crushed stock lower. I think that’s the possibility facing shares of ONEOK (OKE) when it reports earnings on April 28. The...
Selling Restaurant Brands into today’s “another coronavirus rescue bill” bounce
There was that little detour for the complete and utter meltdown in the oil market, but now I’m resuming my plan to sell into the “re-opening the economy rally.” That rally is in its last stages I believe, with its life extended by another...
Nidec splits 2/1
No, the problems in the Chinese auto industry–a big customer for Nidec’s (NJDCY) small motors and electric drive trains–didn’t suddenly spike and cut Nidec’s share price in half. The Japanese company executed a 2/1 split on April 9. I...
TSM beats for quarter, cuts guidance for year, sticks to capital spending plan
Taiwan Semiconductor Manufacturing (TSM) beat analyst estimates for the first quarter, the company announced today. Net profit almost doubled to $3.9 billion on $10.31 billion in revenue. That amounts to a 91% increase from the March quarter of 2019. Analysts had...
5 smart, short-term moves while we wait for longer-term trends to resolve
Yesterday in my post “What do you do when the market is insane and you’re not?” I argued that one of the dangers in a very volatile market with strong–and temporarily profitable–short-term trends is that we’ll give in to the...
Disney delays release dates on entire Marvel movie slate–including Black Widow
You know that Disney (DIS) is really serious about the likelihood of continued social distancing measures disrupting movie going for months when it delays the release date of Black Widow, once intended as the tentpole of its summer schedule. Black Widow has been...
Selling infrastructure play United Rentals out of Jubak Picks into today’s rally
This sell follows the same logic as my immediately prior sell of Vulcan Materials. Last week House Speaker Nancy Pelosi threw in the towel on any near-term chance for a big infrastructure spending package. The horrific jobs numbers had convinced her, she said, that...
Selling my infrastructure play Vulcan Materials out of Jubak Picks into today’s rally
Last week House Speaker Nancy Pelosi threw in the towel on any near-term chance for a big infrastructure spending package. The horrific jobs numbers had convinced her, she said, that sending more aid to unemployed workers and small businesses took a higher priority....
Selling Itau Unibanco out of my Jubak Picks Portfolio
When I sold Commonwealth Bank of Australia (CMWAY) a few moments ago I wrote “I’ve only got a small bit of exposure to the global banking system and, frankly, I think it’s past time to get rid of even that exposure. We’re in one of those...
Selling Commonwealth Bank of Australia out of Dividend Portfolio
I’ve only got a small bit of exposure to the global banking system and, frankly, I think it’s past time to get rid of even that exposure. We’re in one of those banking sector moments where we know that banks are loaded up with assets that can’t...
Good news out of Palo Alto Networks doesn’t count for much in a bear market–but enough to earn a hold from me
The problem isn’t that there’s no good news out of individual companies. It’s just that good news on specific stocks doesn’t count for much in a bear market when everything moves together in a single direction–most usually down. Take Palo...
Selling Emerson Electric out of my Jubak Picks Portfolio today
I’m using today’s bounce to sell Emerson Electric (EMR) out of my Jubak Picks Portfolio today. The shares are up 3.54% today. I think Emerson Electric is a stock that I’d like to own for the long-term if the short-term didn’t look so negative...
Selling Middleby out of my long-term 50 Stocks Portfolio today
I love this stock. It’s been in the long-term 50 Stocks Portfolio since May 3, 2013. And someday I think the company’s strategy of buying smaller commercial and domestic kitchen equipment companies and then super-charging their sales by giving them access...
Selling GM out of the Jubak Picks Portfolio today
Automakers are scheduled to report first quarter sales numbers tomorrow with Ford Motor (F), Fiat Chrysler, and General Motors (GM) all expected to snow big declines. And the next quarter looks even worse. “There are basically no U.S. auto sales right now,” Adam...
Will Grupo Aeroportuario del Pacifico cut its dividend at April 28 meeting? Selling out of the Dividend Portfolio
Grupo Aeroportuario del Pacífico (PAC) has postponed its annual meeting until April 28. The company’s stock buyback plan and dividend payouts on the agenda. It’s hard to imagine that the company hasn’t at least considered cutting its buyback and...
Selling ServiceMaster out of my 50 Stocks Portfolio
I wish I hadn’t bought ServiceMaster Global Holdings (SERV) in my long-term 50 Stocks Portfolio back on December 17. But I did. It was a bargain then. It’s not now. And now I think it’s time to cut my losses after some relatively minor gains on March...
Selling First Quantum Minerals today in bear market rally
I still like my long-term thesis for copper miner First Quantum Minerals (FQVLF)–that copper prices will rise with a pick up in global economic growth and that when growth resumes the world will be looking at a shortage of copper. First Quantum has a lot of new...
GM dividend looks safe for now after credit line draw down
General Motors (GM) drew down its $16 billion credit line today to maximize its financial cushion as the auto industry headed into a very uncertain future. The $16 billion drawdown adds to the $16 billion in cash that General Motors projects to have on hand by the end...
Selling HDFC Bank out of 50 Stocks Portfolio as India declares coronavirus lockdown
In normal markets I don’t sell stocks out of my long-term 50 Stocks Portfolio on changes in market direction. This is definitely a buy-and-hold-ish portfolio. But these aren’t normal times either for financial markets or economies and today, March 24,...
Danaher unit gets FDA approval for fast coronavirus test
Late Friday night, the U.S. Food And Drug Administration gave emergency approval to Cepheid’s Xpert Xpress test for coronavirus. The test is the first that can be conducted entirely at point of care for a patient–at a hospital, for instance–without...
Selling Nvidia today out of Jubak Picks Portfolio on belief that the downturn isn’t done
I’m taking advantage of the “Hope the White House has a plan” rally today to sell Nvidia (NVDA) out of my Jubak Picks Portfolio. Nvidia shares are up 3.05% as of 2:35 p.m. today, March 10, for a gain of $7.44 a share to $252.92. The shares are up...
OPEC production curbs collapse in Russia-Saudi fight
It’s over. The three-year marriage of convenience between Saudi Arabia and Russia is done. The Saudi’s argued that Russia and OPEC producers must cut production further in response to falling demand for oil in the face of the coronavirus outbreak. Russia...
What now for Treasuries and their ETFs? Should you be buying even at record low yields? I’m adding shares of Vanguard’s 1-3 year Treasury ETF
I’d wager that almost nobody today is buying U.S. Treasuries for their yield. The yield on the 10-year Treasury broke below 1% to 0.9043% for the first time EVER. The 10-year finished the day with a yield of 1.01%. The yield on the 2-year Treasury fell to a low...
Buying General Motors in my Dividend Portfolio
I don’t think the coronavirus stock market rout is over, but I do believe you have to be opportunistic about snapping up dividend yield during this correction. Today shares of General Motor (GM) were down another 2.12% as of 2:40 p.m. New York time. That brings...Selling SolarEdge Technologies out of Picks portfolio on odds of continued market drop
As I was prowling through the wreckage of momentum stocks in the last few days for my post on Tuesday, “They shoot momentum stocks, don’t they” I noticed one very lonely spot of green. While stocks such as Nvidia (NVDA) and Twilio (TWLO) were down...
SolarEdge rockets 17.94% today on analyst upgrades ahead of earnings today after the close
SolarEdge Technologies (SEDG) closed up 17.94% today ahead of fourth quarter earnings due after the close. Cascend Securities raised its target price on the shares by 17% during today’s session. Today’s jump will, of course, make it harder for the company...Jim’s Daily Email Alerts:
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